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ownCloud Inc. has released a new free community edition of its open source file sync and share project, adding new features such as video streaming, mounting of thirdparty storage, and new content sharing.

According to the press release, the latest version of ownCloud features significantly faster uploading, downloading, and syncing of files. It offers greater and more granular administrative control and adds features such as sub-admins for groups, thereby providing the ability to assign a sub-administrator to a group to handle account management.